Last month marked one year since we had launched the Mainnet, so it’s especially interesting to take a look at the amount of work being done in the present. The core team (Grom) is working on the release of MinterEVM, announcement of MinterAPI, updated wallets, and a mass-market product named Pinpon. Minter Development Foundation has successfully trialed MinterID and prepared a popularization program called POP. Minter Global OÜ supported several listings, providing legal assistance at every stage and acting as a market maker.
The most significant achievements, however, were community-initiated listings on the exchanges from the top 50: Bithumb Global (finished) and Hotbit (in progress).
Now, let’s go through this past month in detail, point by point.
Products
Rewards
- The first mass-market product for rewards and gifts announced: Pinpon, an application for getting rewards and putting them to use
- Formats outlined for the integration of coins into the promotional posts on Instagram and Telegram
- Crypto and blockchain components removed entirely out of both users’ and businesses’ sights
- The first pre-set (quick set-up) created, allowing one to launch a campaign in one minute: coins, links, terms of distribution and acceptance
- Negotiations underway with pioneer advertisers and bloggers on launching pilot campaigns as soon as this summer
- Businesses will be able to launch campaigns using fiat (bank cards), their own BIP (comes handy if you’re an integrator), or grants (popular brands)
Community
- Participation in Bithumb Global’s Gran Prix (1,600 deposits, 300 traders, 600 sign-ups)
- Initiation of listing votings on the Hotbit and Gate.io exchanges
- An AMA session with Hotbit
- A win in the vote to be listed on Hotbit (around 3,000 supporters and up to $650,000 worth of crypto in lock-up)
- The Minter Wallet bot’s game Dice made a record 1 million transactions on the network
- The first algorithmic stablecoin (BIT) presented
Competitions
- A trading marathon on Bithumb Global
Regulations
- Assessment of whether Money Transmission rules may apply to the Minter’s reward system
Ideology
- A grant coin issued to support teams and persons popularizing BIP on a global scale
- MinterID ranking principles set out to prevent bots and cheating: popularity, activity, stakes
- Product- and promo-related plans revealed by Evgeny Gordeev
- MinterID-, multi-signature-based user asset storage system presented
Marketing
- 50 million BIP allocated for the promotion of BIP and Minter through the POP coin
- A large-scale ad campaign for an event in partnership with Bithumb Global: educational articles and tens of posts on the most-followed Telegram channels
- BIP’s addition to a popular portfolio tracking app Delta
- Drafting of a promo campaign for Rewards App (Instagram and Telegram) and laying ground for further integration with bloggers
Liquidity
- BIP’s listing on Bithumb Global
- Over 40 million BIP traded on Bithumb Global in the first week
- Participation in the preliminary round of candidates selection for the listing voting on Gate.io
- An average daily trading volume across exchanges: $40,000–$80,000
- Security audit of major BIP exchange services impending
- Preparatory work on Hotbit listing
- 1,800 members joined a trading-focused chat in the first month
Minter Development Foundation
- Official enlightenment activity in the U.S. approved
- Minter representative licensing program announced
- Minter Development Foundation’s 2019 report submitted to the I.R.S.
- Tax Exemption status obtained
Tech
Blockchain
- The network turned one
- Team’s tech road map shared by Daniil Lashin
- Test network updated to version 1.1.7
- MinterEVM Service bug testing and refinement
- MinterEVM and MinterAPI technical description prepared
- A public testing version released
- An ability to send Ethereum transactions to MinterEVM via the Console added
- Demo smart contracts development
- Development of a coin ticker change concept to be introduced in Minter 2.0
- Development of a delegator reward manual request concept to be introduced in Minter 2.0
iOS
- BIP Wallet 2.0 go-live date scheduled
- Tests and improvements of BIP Wallet 2.0’s pre-release version
- Bug testing and preparation for beta testing
Android
- BIP Wallet 2.0 go-live date scheduled
- Tests and improvements of BIP Wallet 2.0’s pre-release version
- Bug testing and preparation for beta testing
API
- API updated to version 2.0
- State storage and logging added to API 2.0
- Explorer API 2.0 documentation introduced
SDK
- PHP SDK updated along with more detailed documentation
- Go SDK updated along with more detailed documentation
- C++ SDK updated along with more detailed documentation
- JS SDK updated
Console & Explorer
- Getting Explorer v2.0 ready
- Resulting address now displayed right when creating a MultiSig
- Pop-up with signatures for MultiSig added
- Client clock sync introduced for more accurate blockchain synchronization notifications
- gas_coin now displayed in Explorer
- Display of long strings in Payload fixed
- Fractional part of the amount now shown properly in Explorer
- Field names synced with node API
All projects are welcome to publish their progress reports under the Minter0520 tag.
